KUALA LUMPUR: Bursa Malaysia remained in positive territory at mid-afternoon today, in line with the regional markets despite Greece’s debt crisis, a dealer said.
At 3.03 pm, the FTSE Bursa Malaysia KLCI, increased 20.8 points to 1,689.67 points.
The bullish market was supported by buying activities in Petronas-linked stocks and finance sector, said the dealer.
The dealer said Greece will not make the US1.7 billion loan payment to International Monetary Fund due today.
In the broader market, losers outnumbered gainers by 404 to 301 while 297 counters were unchanged, 833 untraded and 64 others suspended. Turnover stood at 1.16 billion shares worth RM1.10 billion.
Petronas Chemicals increased 21 sen to RM6.29 and MISC added nine sen to RM7.76.
Of the finance stocks, CIMB went up 16 sen to RM5.47 and Public Bank improved 14 sen to RM18.68.
Among actives, Xin Hwa advanced 17.5 sen to 87.5 sen, KNM inched up 1.5 sen to 61 sen and Frontken added one sen to 25.5 sen.
On the scoreboard, the FBM Emas Index rose 86.47 points to 11,777.99, FBMT100 Index advanced 89.33 points to 11,470.63, FBM Emas Syariah Index surged 54.5 points to 12,213.84, FBM Ace chalked up 42.78 points to 6,211.59 and the FBM 70 increased 61.96 points to 12,782.10.
Sector-wise, the Finance Index perked 151.359 points to 15,461.31, Plantation Index was up 38.41 points higher to 7,255.83 and the Industrial Index rose 7.48 points to 3,132.09. – BERNAMA